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Centre for Policy on Ageing | |
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| Future of long-term care financing for the elderly in Korea | | Author(s) | Soonman Kwon |
| Journal title | Journal of Aging & Social Policy, vol 20, no 1, 2008 |
| Pages | pp 119-136 |
| Source | http://www.tandfonline.com |
| Keywords | Services ; Health services ; Long term ; Finance [care] ; Korea. |
| Annotation | The demand for long-term care in Korea has been increasing due mainly to the changing family structure which has seen women increasingly participate in the labour market. A new public financing mechanism is needed to provide protection for a broader range of older people from the costs of long-term care. Many important decisions are yet to be made, although Korea favours social insurance rather than a tax-based scheme which would follow the tradition of social health insurance. The scheme may embrace other population groups, not just older people; but concerns about social solidarity and the financial sustainability of any long-term care insurance are being given consideration, as well as the relationship such a scheme would have with the system of benefits. Lack of care personnel and facilities is also a barrier to the implementation of public long-term care financing in Korea, and the implementation strategy needs to be carried out carefully. (KJ/RH). |
| Accession Number | CPA-080415203 A |
| Classmark | I: L: 4Q: QC: 7DK |
Data © Centre for Policy on Ageing |
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| ...from the Ageinfo database published by Centre for Policy on Ageing. |
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